Uttam Gupta

Uttam Gupta

Future mortgaged for food

Future mortgaged for food

Wednesday, 15 July 2020 | Uttam Gupta

Tax collections are far from adequate to pay for free food and the Govt is borrowing heavily to make up for the shortfall, thereby imposing an unsustainable burden on the future generation of taxpayers To shield millions of poor from the devastation caused by the Covid-19, Finance Minister Nirmala Sitharaman had...

States must make realistic demands

Tuesday, 12 May 2020 | Uttam Gupta

They should assess the amount needed for April-June, consider what is being given by the Centre and if more is still needed, seek incremental funds only Even as corporates, MSMEs, informal sector workers and others impacted by the pandemic are demanding relief packages from the Centre, the States, too, have given...

Detoxify oil pricing

Detoxify oil pricing

Tuesday, 05 May 2020 | Uttam Gupta

The COVID-19 outbreak is a rare event and oil exporters may think that after this ends they can continue to extract a higher price from importing countries. This is flawed thinking On October 15, 2018, while interacting with global leaders from the energy sector in New Delhi, Prime Minister Narendra Modi...

Don’t expect the moon

Don’t expect the moon

Tuesday, 28 April 2020 | Uttam Gupta

The RBI has given a boost to the economy in these testing times. But India Inc. argues that this won't be of help in the absence of demand. This is flawed thinking On March 27, in a bid to resuscitate the economy devastated by the Coronavirus, the Reserve Bank of India...

Adopt fiscal prudence

Adopt fiscal prudence

Friday, 24 April 2020 | Uttam Gupta

The Govt must implement much-needed reforms to rein in unproductive spends and prevent revenue leakages to create a sustainable basis for balancing its budget The economic crisis triggered by Covid–19 has forced the Government to take recourse to some extraordinary measures, which include among others 30 per cent cut in the...

An unreliable shield

An unreliable shield

Monday, 13 April 2020 | Uttam Gupta

Since the subsidy given to rice farmers has exceeded 10 per cent, India has violated its WTO commitment and invoked the ‘peace clause.' But how much immunity will this give to it? In a notification submitted to the World Trade Organisation (WTO) — the multilateral body which binds member countries to...

Serve up a fresh NFSA

Serve up a fresh NFSA

Tuesday, 07 April 2020 | Uttam Gupta

The 80 crore people the Govt currently targets for giving subsidised foodgrain under the Food Security Act includes millions of higher-income beneficiaries who don’t deserve it The Finance Minister, Ms Nirmala Sitharaman, announced a Rs 1,70,000 crore package under the PM-Gareeb Kalyan Scheme (PMGKS) to address the plight of tens of...

A mixed bag

A mixed bag

Saturday, 28 March 2020 | Uttam Gupta

While some of the relief measures announced by the FM are just financial jugglery, the remaining items offer some concrete benefits to the poor In his address to the nation on March 19, Prime Minister Narendra Modi announced the setting up of an Economic Response Task Force (ERTF) under the Union...

Sunday Edition

Dussehra of Kulasekaranpatinam, Tuticorin

25 October 2020 | Experts | Agenda

The Return of Delhi Smog

25 October 2020 | Sonal Shukla | Agenda

Astroturf: Season of empowerment

25 October 2020 | Bharat Bhushan Padmadeo | Agenda

Dauntless picks

25 October 2020 | MUSBA HASHMI | Sunday Pioneer

Talktime | ‘It’s a matter of perception on how to value artwork’

25 October 2020 | Shalini Saksena | Sunday Pioneer

‘I shifted to NY to explore international music’

25 October 2020 | Shalini Saksena | Sunday Pioneer